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Azerbaijan raises import of electrical goods from Turkey in 10M2020

Türkiye Materials 22 November 2020 09:01 (UTC +04:00)
Azerbaijan raises import of electrical goods from Turkey in 10M2020

BAKU, Azerbaijan, Nov.21

Trend:

Exports of electrical goods from Turkey to Azerbaijan rose by 7.55 percent in the past ten months of 2020, compared to the same period of 2019, making up $139.4 million, the Turkish Trade Ministry told Trend.

In October 2020, Turkey’s export of electrical goods to Azerbaijan lowered by 13.65 percent compared to October 2019, making up $13.2 million.

The export of electrical goods from Turkey to international markets declined by 5.6 percent from January through October 2020, compared to the same period of 2019, amounting to slightly over $8.7 billion.

The ministry said that Turkey’s export of electrical goods amounted to 6.4 percent of the country's total export over the reporting period.

In October 2020, Turkey exported the electrical goods worth $1.1 billion to foreign markets, which is 5.4 percent more than in the same month of 2019, noted the ministry.

Meanwhile, Turkey’s export of electrical products made up 6.5 percent of the country's total export.

Over the past 12 months (from October 2019 through October 2020), Turkey exported the electrical goods in the amount $10.7 billion.

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